Head of Project Finance

Gulermak Renewables; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

Join a leading renewable energy firm as Head of Project Finance, managing all project finance matters for UK and EU markets. This role involves raising debt finance, structuring deals, and collaborating with various stakeholders to ensure successful project funding.

Benefits

Competitive remuneration

Opportunities for personal and professional development

Qualifications

• 7+ years of structured and project finance experience.
• Proven experience in the renewables sector.

Responsibilities

• Oversee capital raising processes related to lenders.
• Manage bank relations in UK and EU region.
• Execute deals including loan documentation and financial close.

Skills

Communication

Negotiation

Team spirit

Agility

Job description

Job Description

Gulermak Renewables is a key player in the renewable energy sector, committed to advancing the transition to clean energy through innovative projects and sustainable solutions. With a strong track record in engineering and infrastructure, we are expanding our renewable energy portfolio in UK and EU markets and seeking a strategic legal expert to support this growth.

This is an exciting opportunity to join the team as Head of Project Finance, taking ownership of all project and structured finance matters related to raising finance in our renewable energy projects in the UK and Europe and then managing the financing portfolio. This is a newly created position, reflecting the company’s growth and need for dedicated capital raising stream.

Job Overview:

The successful candidate will be responsible for managing all aspects of structuring and raising debt finance for our projects including initiating and managing discussions with the potential banks and private lenders, structuring finance and managing the whole stream in capital raising. The role involves working closely with internal and external legal counsels, financial modelers and other supporting functions. The role covers the entire target market of the business, mainly UK and EU jurisdictions.

Key Responsibilities:

• Oversee the whole capital raising processes related to lenders, initiating and managing discussions, structuring and optimization of non-recourse finance deals
• Managing the bank relations in UK and EU region
• Evaluating term sheets, working on optimization of the financial structure
• Managing presentations and Information Memorandums
• Assessing bankability aspects of project documents (EPC, O&M, PPA)
• Selecting and coordinating specialized Advisors and Due Diligence providers
• Executing deals including loan documentation, financial close process, CPs satisfaction and drawdowns
• Administration of Finance Documents, compliance reports, undertakings reporting, and waiver process
• Act as the key leader in bank relations and coordinate with internal and external stakeholders including lawyers, Business Development and EPC management teams and other functions

Requirements:

• 7+ years’ proven structured and project finance experience in a bank, advisory firm, or a large organization with similar responsibilities in UK
• Proven experience in renewables sector
• Loan structuring including project financing documentation, due diligence, and financial close process.
• Knowledge of legal and accounting principles of non-recourse financing.
• Excellent communication and interpersonal skills.
• Team spirit, agility, and cooperation with various internal teams and functions, with the ability to manage multiple tasks simultaneously.
• Understanding of financial modelling applications in non-recourse finance
• Strong negotiation skills and commercial acumen.
• Ability to work independently and strategically within a fast-paced environment.

Our Offer

We offer competitive remuneration and the opportunity to work in a challenging and international environment, managing the legal needs of renewable energy projects on a global scale. You will collaborate with interdisciplinary teams across projects in renewable energy and infrastructure, providing strategic legal guidance and ensuring regulatory compliance.

We provide attractive employment conditions and excellent opportunities for personal and professional development in this senior leadership role.

This is an outstanding opportunity to join a respected and growing renewable energy firm where career development is based on ability and merit. As an individual, you will have the freedom and responsibility to make a real impact, without the bureaucracy of a large institution, while benefiting from the support of a team of experienced professionals that can rival any other firm in the market.

The Company

We’re a leading international investor with roots in infrastructure and construction projects. Operating with the highest ethical standards and has a reputation for delivering projects on time, we have a history of 65 years. With an annual revenue level of around Euro 1bn level, we operate in several jurisdictions from Poland, Turkey, UK, Sweden, Romania, India and Philippines. Gulermak has recently completed its IPO process in Borsa Istanbul, floated 12% of its shares and raised Euro 125m recently.

Renewables & PPP business is highly important and separately managed division with its HQ in London to secure a future-proof business with stable and predictable cash flows. The division has recently closed non-recourse financing of a PPP tramline project in Poland and raised funding from multilaterals and lenders up to Eur 200m level. The UK company will act as the divisional HQ under which all renewable and PPP assets will be consolidated.